Pricing softens across Australia’s engineering PI market, for nowJanuary 6 2023 by Marcus Alcock
- February 6
Portfolios exposed to the US, Japan and loss-hit territories saw the highest prices, increased retentions and capacity withdrawal at 1.1. renewals.
- February 3
Market experts suggest the decision not to allocate any more capital is part of a plan to merge the P&C players with LIC.
- February 1
As adjusters start work, hundreds of million of dollars of claims are expected, including significant commercial damage.
- January 31
Higher demand and prices are helping insurers buffeted by supply chain disruptions, economic headwinds and less government support.
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Underwriter Victoria Soo and Senior Risk Analyst Daryl Soh on how credit insurance helps finance infrastructure projects and other ESG investments.